The Coca-Cola Company (NYSE: KO) is the world’s largest beverage company, refreshing consumers with more than 500 sparkling and still brands.
At The Coca-Cola Company you can cultivate your career in a challenging and dynamic environment. We are the largest manufacturer and distributor of nonalcoholic drinks in the world-selling more than 1 billion drinks a day. Unlock your full potential with a future-focused company that is known and respected throughout the world.
We recruiting to fill the position below:
Job Title: Planning and System Economics Analyst
Ref Id: R-03914
Location: Lagos
Department: Finance
Job Type: Full time
Current Grade (If job already exists): 10
Position Overview
- The role will be responsible for budgetary management of the Franchise DME, administering the MEM tool, while ensuring compliance with Company Standard Practices and Procedures.
- Contributes to provide the Franchise teams with accurate analysis, benchmarks and reports on a timely manner to ensure optimal allocation of resources in implementation of the Company’s business strategies.
- Contributes to develop and provide details for a holistic view of the value creation across the system in order to support Region Finance Managers to identify risks & opportunities across the system within its specific Region.
- Supports Finance organization on system thinking related to financial policies, programs, company investments, long-range goals and objectives.
- This position provides accurate system economics analysis, insights, benchmarks and reports in a Region System Economics function. Supports Region System Economics Manager and Region Finance Manager in guiding the business by providing deep understanding of the financial condition and economics of the system.
Job Summary
- The role will be responsible for budgetary management of the Franchise DME, administering the MEM tool, while ensuring compliance with Company Standard Practices and Procedures.
- Contributes to provide the Franchise teams with accurate analysis, benchmarks and reports on a timely manner to ensure optimal allocation of resources in implementation of the Company’s business strategies.
- Contributes to develop and provide details for a holistic view of the value creation across the system in order to support Region Finance Managers to identify risks & opportunities across the system within its specific Region.
- Supports Finance organization on system thinking related to financial policies, programs, company investments, long-range goals and objectives.
- This position provides accurate system economics analysis, insights, benchmarks and reports in a Region System Economics function. Supports Region System Economics Manager and Region Finance Manager in guiding the business by providing deep understanding of the financial condition and economics of the system.
Key Duties/Responsibilities (including the percentage of time spent or required for each activity)
Coordinate the Central Franchise Marketing DME for RE process (% of Time):
- Compile expected monthly DME expenses & submit monthly figures to Finance manager and RFMs
- Strategic & Annual Business Planning (BP) – Support CMI manager on the annual DME Business Planning process by:
- Serving as marketing expense controller (MEC)for the BU. manage overspends
- Upload BP DME in Financial system as per submissions and direction by Business Unit leadership within the stipulated BP financials guideline
- Summarize DME by Country, by Brand category.
- Track IMC Charters and Assets – Per Global policy
- Budget Management and Control – Daily. Check that no supplements/returns are made outside BP without FD/MD approval.
- Share RE narratives for DME Vs Actuals
- Blackline approval for JVs relating to DME
- Prespend reclass analysis and JV preparation
- GL analysis for PL and balance sheet lines
- Effecting monthly MPP accruals and reversals on the system
- Analyzing currency exchange fluctuations as they relate to DME spend for FOs with currencies different from USD
- Effect timely DME freeze & shifts on directives from BU leadership and approved RFA’s
- Effect timely DFR budget supplements on directives from franchise
- Brand Contribution Report – Monthly update and Communicate key deviation to finance and marketing teams
- Be the Financial consultant relating for Marketing associates on Marketing Expenditure Mgt
Process Improvement (40%):
- Supports BU P&A Team to achieve efficient, effective and sustainable finance processes and transactions
- Provides support to Finance Managers on reports/updates needed in Planning system
- Works with process owners to identify and implement continuous improvements in processes, systems and procedures
- Acts as a part of the process and ensures standard processes are followed.
Contributes in providing a complete view of the value creation across the system (10%):
- Understands, applies and articulates accounting and tax implications of all value sharing models
- Determines value creation between all parties from suppliers to consumers by preparing the system value chain
- Provides accurate system economics analysis and reports and supports Region System Economics Managers
- Supports Region System Economics Manager to analyze and assess gaps and to identify revenue growth opportunities and commercial opportunities
- Understands and provides the system revenue strategic framework from Long-Term (Long Range Plan) to yearly projections
- Supports in defining system investment and program risks and provides recommendations like:
- Bottler support investments, rebates
- Cold Drink Equipment and Bottler Capital Investments, etc.
- Performs financial analysis and performance tracking for investment decisions
- New launches (extension, delist)
- Cold Drink Equipment investments
- Different OBPPC structures
- Pre, post promotion analysis
- CAPPRS performance tracking
- Validate proof of purchase of CAPPRS
Customizes Financial Guidelines and ensures guidelines are applied within Region (40%):
- System Health Corridor guidelines
- Concentrate Pricing models
- New product development guidelines
- Incidence guidelines
- CAPPRS tracking guidelines
Communication Complexities:
- Internal:
- BU Planning & Analysis Manager (problem solving, brain storming, receives guidance, supervision, coaching)
- Region Finance Manager (service requests, issue management)
- Group planning team (Feedback on expectations/Client Management)
- Financial Services Representative (Following up Feedback on queries)
- Group and Business Unit Strategic Planning, Technical, and PAC Managers/Analysts (partner, support, data validation)
Analysis:
- This position consists of routine tasks or processes in accordance with predetermined, clearly defined steps. It also requires sophisticated and contemporary information management and superior analytic skills and expertise. The individual must also possess exceptional collaboration and organization skills/capabilities; with the ability to multi-task, set priorities and meet deadlines.
Judgment and Decision Making:
- The rules set in agreed deliverables will be used to regulate transactions between BU and the Region.
- Contributes on creating the structure for business cases, assigns resources in the system and establishes processes and routines.
Innovation:
- Indicate this job’s responsibility for new processes, systems, or products.
- Supports continuous improvement by applying standardized processes and templates.
Supervisory Responsibilities:
- No direct reports
Qualifications / Competencies / Skills
Foundational competencies:
- Analytical skills
- Influencing and negotiation skills
- Financial knowledge
- Optimizing strategic relationships and networks
- Attention to detail
- Communicating effectively
- Thinking systemically
- Understanding the system
- Acting as a team member
- Planning and organizing
- Demonstrating self-confidence
Technical skills:
- Financial analysis
- Planning and forecasting skills
- Performance management
- GAAP, cost accounting / analysis
- Excellent computer skills (i.e. Excel)
Related Experience Requirements/ Qualifications:
- Minimum 3 to 4 years of experience
- Accounting experience is a strong plus
Educational Requirements
Minimum:
- University/Advanced degree
- Postgraduate/Master’s degree
Preferred:
- Doctorate/JD/Ph.D./MD
The key success-criteria is:
- Provides accurate analysis and reports
- Meets deadlines
- Because of the necessary interaction with other departments, good interpersonal relationships are essential.
Leadership Behaviors:
- Drive Innovation: Generate new or unique solutions and embrace new ideas that help sustain our business(encompassing everything from continuous improvement to new product and package innovation).
- Collaborate With System, Customers, and Other Stakeholders: Develop and leverage relationships with stakeholders to approximately stretch and impact the System (Company and Bottler).
- Act Like An Owner: Deliver results, creating value for our Brands, our System, our customers, and key stakeholders.
- Inspire Others: Inspire people to deliver our mission and 2020 Vision, demonstrate passion for the business and give people a reason to believe anything is possible.
- Develop Self and Others: Develop self and support others’ development to achieve full potential.
Growth Behaviors:
- Growth Mindset: Demonstrates curiosity. Welcomes failure as a learning opportunity.
- Smart Risk: Makes bold decisions/recommendations.
- Externally Focused: Understands the upstream and downstream implications of his/her work. Tracks and shares external trends, best practices or ideas.
- Performance Driven and Accountable: Has high performance standards. Outperforms her/his peers.
- Fast/Agile: Removes barriers to move faster. Experiments and adapts. Thrives under pressure and fast pace.
- Empowered: Brings solutions instead of problems. Challenges the status quo. Has the courage to take an unpopular stance.
How to Apply
Interested and qualified candidates should:
Click here to apply online
Job Title: BU Sustainability Manager, West Africa Business Unit
Ref Id: R-15549
Location: Lagos
Job Type: Full time
Position Overview
- This role is critical to the strategic business goal of growing our reputation, reinforcing our social license and managing policy and regulatory risks in WABU’s socio-economically challenges markets by building strong community connections through our sustainability program impact and footprints.
Job Summary
- The West Africa Business Unit, given its social and economic needs state, is uniquely positioned to drive the achievement of many of The Coca-Cola Company’s global sustainability commitments such as 5by20 and RAIN in particular.
- The WABU Sustainability Manager will champion the adaptation, modeling and replication of these commitments across our key markets, working with the System PAC resource in the Franchises to appraise needs, identify programme opportunities, seek funding sources and build and leverage appropriate partnership models (e.g. Golden Triangle, Business to Business and Industry Coalitions) to scale programme reach and impact.
- The role is critical to the strategic business goals of growing our reputation, reinforcing our social license and effectively managing policy and regulatory risks in WABU’s socio-economically challenged markets by building strong community connections through our programme impact and social footprints. For example, among other key focus areas, the BU Sustainability Manager will import best practices and build effective partnerships to drive the implementation of packaging recovery and recycling programmes in our key/risk markets in order to proactively avert packaging tax and also contribute to the achievement of TCCC’s global commitment on sustainable packaging.
- The BU Sustainability Manager will also be responsible for driving the implementation of our Renewing Category Growth (RCG) initiatives to grow consumer and stakeholder trust and acceptance of our beverages, including building and leveraging appropriate relationships with influencers and regulators in the health and other relevant sectors, thus enabling the environment for growth and sustainability of our business.
Key Duties/Responsibilities
Prioritized Responsibilities % of Time:
- Global Sustainability Commitments: Liaise with The Coca-Cola Foundation, The Coca-Cola Africa Foundation and the Corporate Office to develop the right internal relationships, frameworks and processes to drive effective implementation of TCCC’s global sustainability commitments, including 5by20, RAIN and Recycling, in relevant WABU markets, ensuring that the BU becomes a significant and visible contributor to the realization of these commitments.
- External Partnerships/Funding Opportunities: Build partnerships and leverage external funding opportunities with development/donor agencies, national governments, civil society organizations, peer businesses and 25% 20% Job Evaluation Request Form Classified – Internal use industry groups as appropriate in order to increase the funding, reach and impact of our sustainability initiatives.
- Policy/Regulatory Risks: Conduct periodic environmental scan of WABU’s key/risk markets to identify extant or emerging policy or regulatory risks to our business in areas such as environment, health or gender issues; and develop a risk analysis and mitigation plan to proactively manage such risks and safeguard the business.
- Alignment with Bottling System: Build and leverage strong relationships and influence within the bottling system and ensure alignment and partnership with our bottlers in the implementation of TCCC’s global sustainability commitments as well as locally developed programmes.
- Monitoring, Evaluation and Reporting: Develop and implement an effective framework for periodic monitoring, evaluation and reporting with key metrics on the implementation and impact of our sustainability initiatives.
- Impact Story Telling and Showcase: Collaborate with the BU Communications Manager and the System PAC Managers to communicate progress and impact of our key sustainability initiatives internally and externally, including leveraging national, regional and global platforms to showcase the success of such initiatives.
Communication Complexities:
- The BU Sustainability Manager will often lead and drive external communication and engagement with programme partners that will include government officials, regulators, civil society organizations/activist organizations and industry groups across many of WABU’s 31 markets.
- The job holder will also be required to liaise regularly with counterparts in the bottling system, the Eurasia and Group and Corporate (Atlanta).
Analysis:
- Issues management with governments, regulators, communities and social and environmental activists – should possess the requisite personal and professional skills and be able to leverage Company resources to effectively manage emerging issues.
Judgment and Decision Making:
- Distinguish between recommendations made to someone else and decisions where this job has final authority. Indicate involvement (if any) with ABP and OBP development and execution. Required to advise the PAC Director and BU Leadership team on strategic sustainability initiatives which impact the Company’s reputation and social license and the effective management of community, policy and regulatory risks.
- Job holder must exhibit a high degree of sound judgement and may be required to exercise delegated authority in the absence of the PAC Director.
Innovation:
- This role will have responsibility for developing and deploying frameworks and tools for impact measurement, evaluation and reporting our key sustainability programmes in line with company and global best practices.
Supervisory Responsibilities:
- Responsible for the design of processes and activities, objective setting and follow up performance evaluations, coaching & feedback and developmental plans.
- Also responsible for managing programme implementing partners in key countries in the BU.
- Direct Reports: One Intern (as may be available)
Qualifications / Competencies / Skills
Educational Requirements:
- University/Bachelor’s degree X 14
- University/Advanced degree X 15
- Postgraduate/Master’s degree X
Preferred Qualifications:
- University Degree preferably in Development Studies, Sustainability Management or Social Work and related fields
- Working knowledge of the French language
- Ability to appreciate and engage with a diverse community of media
- Ability to instil trust across diverse groups of critical influencers
Required Experience:
- At least 7 years’ experience in sustainable development, social work or development project management in a corporate or NGO/civil society environment.
Technical Skills:
- Sustainable Development
- Project & Budget Management
- Stakeholder Management
- Community Relations
- Partnership and Coalition Building
- Project impact communication
Generic Competencies:
- Delivers Results: Focuses on the critical few objectives that add the most value and channels own and others’ energy to consistently deliver results that meet or exceed expectations.
- Drives Innovative Business Improvements: Develops new insights into solutions that result in organizational improvements; promotes a work environment that fosters creative thinking, innovation and rational risk-taking.
- Balances Immediate and Long-Term Priorities: Seeks to meet critical objectives while considering the impact of those decisions and activities on the ability to achieve long-term goals.
- Imports and Exports Good Ideas: Relentlessly seeks, shares and adopts ideas and best practices in and outside the Company and embraces change introduced by others.
- Develops and Inspires Others: Builds and maintains relationships that motivate, guide, and/or reinforce the performance of others toward goal accomplishments. Develops self and others to improve performance in current role and to prepare for future roles; seeks and provides feedback and coaching to enhance performance.
Cultural Diversity:
- The Coca-Cola West Africa Business Unit covers 31 countries across West and Central Africa and the Indian Ocean islands. The region features a wide diversity of language, ethnicity and culture with English and French as the major official languages.
- Working knowledge of the French language
- Ability to engage across multiple cultures
- Ability to instil trust across diverse groups of critical influencers
Working Conditions:
- Volatile social, economic and political environments and sometimes hostile community relations.
Travel Requirements:
- About 70% travel across the BU and international travels.
Additional Information:
- The Coca-Cola System in WABU is complex and diverse, spanning across 31 countries, requiring influencing and engaging with a wide range of stakeholders in the region. The need to shape our reputation as a leader and model in sustainability externally brings in complexity to this role.
Leadership Behaviors
- Drive Innovation: Generate new or unique solutions and embrace new ideas that help sustain our business(encompassing everything from continuous improvement to new product and package innovation).
- Collaborate With System, Customers, And Other Stakeholders: Develop and leverage relationships with stakeholders to approximately stretch and impact the System (Company and Bottler).
- Act Like An Owner: Deliver results, creating value for our Brands, our System, our customers, and key stakeholders.
- Inspire Others: Inspire people to deliver our mission and 2020 Vision, demonstrate passion for the business and give people a reason to believe anything is possible.
- Develop Self And Others: Develop self and support others’ development to achieve full potential.
Growth Behaviors:
- Growth Mindset: Demonstrates curiosity. Welcomes failure as a learning opportunity.
- SMART RISK: Makes bold decisions/recommendations.
- Externally Focused: Understands the upstream and downstream implications of his/her work. Tracks and shares external trends, best practices or ideas.
- Performance Driven And Accountable: Has high performance standards. Outperforms her/his peers.
- FAST/AGILE: Removes barriers to move faster. Experiments and adapts. Thrives under pressure and fast pace.
- Empowered: Brings solutions instead of problems. Challenges the status quo. Has the courage to take an unpopular stance.
How to Apply
Interested and qualified candidates should:
Click here to apply online
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